Generic Engineering Construction & Projects is currently trading at Rs. 188.45, up by 3.10 points or 1.67% from its previous closing of Rs. 185.35 on the BSE.
The scrip opened at Rs. 185.35 and has touched a high and low of Rs. 189.50 and Rs. 184.70 respectively. So far 24400 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 5 has touched a 52 week high of Rs. 189.50 on 24-Sep-2018 and a 52 week low of Rs. 67.50 on 22-Nov-2017.
Last one week high and low of the scrip stood at Rs. 189.50 and Rs. 175.00 respectively. The current market cap of the company is Rs. 724.54 crore.
The promoters holding in the company stood at 50.25%, while Non-Institutions held 49.75% stake in the company.
Generic Engineering Construction & Projects has been awarded multiple orders to the tune of Rs 273.92 crore from established & reputed real estate developers and one from India’s leading defence public sector undertaking.
This marks the company’s first order from a government undertaking. The scope of work for the orders awarded is construction of residential buildings in Mumbai and Kalyan, Construction of security complex and civil & finishing work for a residential building.
Generic Engineering Construction and Projects, formerly Welplace Portfolio & Financial Consultancy Services, is an India-based company, which is engaged in construction business.
